his boss, ben bernanke, saying, things are really ugly. i have the numbers. i think that probably we should do something now because it is serious. lou: always put that away. whether it is serious the fact of the matter is this housing market looks like it is offering some support. but when you look at the broader , macro economic reality you have to question even whether this is an illusion. i think -- >> it is not inconsistent to look at the housing market. going down so low for so long with interest rates so low. people have to live somewhere. iran has moved up. housing may have bottomed out. it does not mean we will have a bull market in housing. having said that, the economic numbers you talked about when you are reporting, can amount to a caterpillar, they have the world view. intel came up. lou: fedex. >> fedex. the company's i listened to, of washington. they say come made a good. i was in china last week. it a good over there. lou: of course moving overseas. china where there is every suggestion, one of the newest from china, is there a sense that th